Wednesday, January 30, 2013

Back to Green

A little surprisingly we had a fairly good day yesterday. Good enough to push the MTT positive and get us back to our long TQQQ position. Truthfully, I'm not too convinced this will last (hence, the foggy outlook) but I'll trust the MTT and get back in.

During these times it's best to stick to your plan. Like many others I think the market is near a top. Just because I think it's going down doesn't mean it will. It can ride higher for a while longer before coming back down. With that in mind, we'll follow our signals and do the best we can.

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